MoneyWorks4Me

Shakti Pumps (India) bags order worth Rs 149.71 crore

07 Oct 2023 Evaluate

Shakti Pumps (India) has received inaugural commercial order under the PM?KUSUM scheme Component?C from Ajmer Viduyt Vitran Nigam for the total worth of Rs 149.71 crore. This significant achievement underscores India's commitment to harnessing solar energy and fostering sustainable agricultural practices creating Aatmnirbhar Bharat. 

The project involves replacing inefficient electric pump sets with BLDC Solar Pump sets, where the Pump set will run on Power Generated via Solar & surplus electricity can be sent to Grid. This benefits farmers across India by enhancing irrigation capabilities, reducing reliance on traditional energy, and providing the opportunity to earn from surplus power sales to Discoms.  

Shakti Pumps (India) is a specialist in the manufacture of a broad range of submersible pumps and motors for a variety of applications.

Peers
Company Name CMP
Kirloskar Brothers 1777.05
Elgi Equipments 588.30
Shakti Pumps (India) 458.75
KSB 807.10
Oswal Pumps 263.40
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